Sector overview
The Information Technology and IT Enabled Services (ITES) sector operates in a global marketplace characterized by rapid technological changes, remote work models, and cross-border transactions. Key financial requirements include managing transfer pricing regulations, claiming Software Technology Parks of India (STPI) or Special Economic Zone (SEZ) tax benefits, and handling complex GST refund claims for export services. Our advisory services help technology enterprises optimize their corporate structure, secure double taxation relief, manage cross-border intellectual property transfers, and maintain compliance with indirect and direct tax guidelines in India.
Common challenges
- Complex transfer pricing regulations for transactions with overseas associated enterprises.
- Input tax credit reconciliations and filing for GST export refunds under Letter of Undertaking (LUT).
- Tax compliance for remote employees operating across multiple tax jurisdictions.
- Securing and maintaining SEZ/STPI tax-exempt status.
How we support this industry
- Transfer Pricing study documentation and filing of Form 3CEB.
- End-to-end processing of GST export refunds on services.
- Advising on software license taxation and DTAA double taxation relief.
- Structuring employee stock options (ESOPs) and compensation plans.
